Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N
AUGM.L - Augmentum Fintech PLC
Full Year 2023 Augmentum Fintech PLC Earnings Call
Jul 04, 2023 / 08:30AM GMT
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Presentation
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Unidentified Company Representative, [1]
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I'm pleased to share some highlights from our annual results for the year ended 31st of March 2023. In the face of a challenging macroeconomic backdrop, our NAV per share after performance fee increased by 2.5% to 158.9p, and the IRR of our invested capital now stands at 18.5%. Our 10 highest value holdings have seen revenue growth at an average of 117% year-on-year and are either cash generative or have an average of over 2 years of cash runway. These growth metrics would have added GBP 85 million to our gross portfolio value were it not for the contraction of the publicly listed comparables that our auditors use in their valuations process.
During the year, one of our earlier investments,